January 18, 2022
1 min read

Unemployment in Israel declines to lowest since March 2020

The number of unemployed people in Israel declined to about 262,100 at the end of 2021, registering an unemployment rate of 6 per cent, the lowest since March 2020, according to figures issued by the country’s Central Bureau of Statistics…reports Asian Lite News

In March 2020, the figure had jumped to 25 per cent within one month, with more than 1 million people becoming unemployed after the onset of the Covid-19 pandemic, reports Xinhua news agency.

The first case of Covid-19 was confirmed in Israel on February 21, 2020.

ALSO READ: Israel shortens Covid quarantine to ease economy going

On March 1, the unemployment rate of the country was as low as 4 per cent.

The unemployment rate in Israel was 8 per cent in August 2021 and decreased to 7.9 per cent in September, 7 per cent in October, and 6.5 per cent in November.

Among the currently unemployed people, totalling about 84,200, or 32.1 per cent, were laid off or put on unpaid leave due to the pandemic.

Previous Story

Rajnath writes to Mamata, Stalin over tableau controversy

Next Story

Netanyahu pursuing plea deal

Latest from Arab News

Killing Fields of Gaza

While Israeli airstrikes on Gaza continue to dominate global headlines after hundreds of days of conflict, a parallel and equally devastating crisis is unfolding — one that receives far less attention: deepening

Palestine: UK MPs Urge PM to Emulate France

Global condemnation has been growing over Israel’s blockade of most aid with reports of starvation and widespread malnutrition in Gaza Keir Starmer has confirmed the government will be “taking forward” plans to

Hamas Reiterates Peace Effort After U.S. Jab

Hamas Reaffirms Commitment to Ceasefire Talks After U.S. Criticism…reports Asian Lite News Hamas on Friday reiterated its commitment to the ongoing ceasefire negotiations, responding to remarks by U.S. Special Envoy to the

Israel, US recall teams from Gaza truce talks

Steve Witkoff said mediators had made a great effort but “Hamas does not appear to be coordinated or acting in good faith”…reports Asian Lite News Israel and the United States recalled their

Riyadh welcomes Paris pivot to Palestine

Move stirs global response as Macron breaks G7 ranks; Israel and US condemn recognition bid amid Gaza war…reports Asian Lite News Saudi Arabia has welcomed French President Emmanuel Macron’s pledge to officially
Go toTop

Don't Miss

Antonio appoints Najat Rochdi as deputy special envoy for Syria

UN Secretary-General Antonio Guterres has announced the appointment of Najat

Spare receives license as an open banking ancillary service provider in Bahrain

The license will pave the way for Spare to kickstart